{"id":16647,"date":"2021-12-02T11:22:59","date_gmt":"2021-12-02T11:22:59","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/12\/02\/sensex-soars-777-points-nifty-tops-17400\/"},"modified":"2021-12-02T11:22:59","modified_gmt":"2021-12-02T11:22:59","slug":"sensex-soars-777-points-nifty-tops-17400","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/12\/02\/sensex-soars-777-points-nifty-tops-17400\/","title":{"rendered":"Sensex Soars 777 Points; Nifty Tops 17,400"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares posted strong gains on Thursday, as falling oil prices and strong domestic macroeconomic data helped outweigh weak cues from global <span class=\"landLinks\">markets<\/span>. <\/p>\n<p>The Indian <span class=\"landLinks\">economy<\/span> likely to grow at over 9.5 percent during 2021-22, the country&#8217;s largest lender State Bank of India said in its latest Ecowrap research report and projected inflation-adjusted gross domestic product (GDP), or real growth, to be nearly 10 percent. <\/p>\n<p>The 30-share BSE Sensex surged as much as 776.50 points, or 1.35 percent, to close at 58,461.29, extending gains for the second day running and reaching a one-week high. <\/p>\n<p>The broader NSE Nifty index settled 234.75 points, or 1.37 percent, higher at 17,401.65 amid gains in IT, financials and metal stocks.<\/p>\n<p>Among the top gainers, Grasim, Sun Pharma, HDFC, Power Grid Corp, Tata Steel, Tech Mahindra and Adani Ports climbed 3-5 percent.<\/p>\n<p>Global cues were tepid amid fears around the Omicron <span class=\"landLinks\">coronavirus<\/span> variant and warnings about inflation from major central banks. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Sensex Soars 777 Points; Nifty Tops 17,400<\/a><br \/>\n<br \/>2021-12-02 11:22:59<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares posted strong gains on Thursday, as falling oil prices and strong domestic macroeconomic data helped outweigh weak cues from global markets. The Indian economy likely to grow at&#8230;<\/p>\n","protected":false},"author":2,"featured_media":16648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1535139262971-c51845709a48?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=1950&q=80","fifu_image_alt":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-16647","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=16647"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/16648"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=16647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=16647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=16647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}